Posted by: Phillip Fraas
April 09, 2008
Topic: REPORTS ON 2008 FARM BILL STATUS--January 2008 To Enactment

The farm bill appears to be in limbo right now. For the past couple of weeks, the main Senate and House negotiators, and the Administration, have been waiting for the House Ways and Means Committee and the Senate Finance Committee (they are the tax/revenue committees of Congress) to come up with additional funds to cover increased spending proposed for the new farm bill. Right now, these two revenue committee chairman are at loggerheads on how to raise the extra money and related issues. Until they resolve their differences, the congressional leadership won't let the farm bill move forward.

Hard to predict what happens next, except that if we get to April 18 with the farm bill still in limbo, odds increase dramatically that Congress will abandon for now efforts to write a new farm bill and will just extend the current farm bill for one or two years. 

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